Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Climate Change
• Sustainability

Environmental Achievements

• Products are 100% eco-labeled by 2023.
• Products will be 100% biobased by 2023.
• Aiming for climate-neutral certification by 2022 (Scope 1 and 2).

Social Achievements

• Strong sales increase of OrganoTex® (more than doubled).
• Five-year agreement with Duni for biobased binders.
• Strong sales increase of OrganoWood® timber in Germany.

Governance Achievements

• ISO 9001:2015 and 14001:2015 certifications.
• OrganoWood is certified by FSC and PEFC.
• 100% renewable energy used in production.

Climate Goals & Targets

Environmental Challenges

• Production capacity issues limiting growth and increasing production costs.
• Surging raw material prices (especially timber, >100% increase), squeezing gross margin and profitability.
• Delayed delivery of automated filling machine due to COVID-19 related factory lockdown.

Mitigation Strategies

• Expansion of production capacity to approximately 20,000 tonnes per year.
• Investing in new, fully automated production equipment.
• Seeking licensing partners for biocomposite OrganoComp® to improve scalability and cost-efficiency.
• Adjusting prices to compensate for increased timber prices.
• Launching next-generation OrganoWood® Silicium HT with enhanced rot protection and consistent timber quality.

Supply Chain Management

Responsible Procurement

• Using residues from food and forestry industries as raw materials.

Climate-Related Risks & Opportunities

Transition Risks

• Increased electricity costs
• Price rises on input materials
• Higher freight costs
• Weakening of SEK resulting in more expensive raw material imports.

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: IFRS

Certifications: ISO 9001:2015, ISO 14001:2015, FSC, PEFC

Third-party Assurance: PricewaterhouseCoopers AB

UN Sustainable Development Goals

• Goal 7 (Affordable and clean energy)
• Goal 9 (Industry, innovation and infrastructure)
• Goal 12 (Responsible consumption and production)
• Goal 13 (Climate action)
• Goal 14 (Life below water)
• Goal 15 (Life on land)

OrganoClick's products and technologies contribute to these goals by replacing fossil-based plastics and toxic chemicals with biobased alternatives, promoting sustainable consumption and production, reducing greenhouse gas emissions, and protecting biodiversity.

Sustainable Products & Innovation

• OrganoWood®, OrganoTex®, OrganoComp®, OC-BioBinder™

Awards & Recognition

• Sweden’s Most Promising Start-up
• Sweden’s Best Environmental Innovation
• WWF Climate Solver award

Environmental Metrics

ESG Focus Areas

• Climate change
• Circular economy
• Biodiversity
• Business ethics
• Social commitment

Environmental Achievements

• Increased proportion of biobased content in products to 93% (from 80%), replacing more than 1,500 tonnes of fossil plastics and harmful chemicals.
• Increased proportion of eco-labelled products to 91% (from 67%).
• Reduced CO2e emissions to 120 tonnes (from 181 tonnes).
• Reduced water consumption to 5,363 m3 (from 9,374 m3).
• Reduced waste to 42 tonnes (from 100 tonnes).

Social Achievements

• Launched a new generation of biobased and biodegradable OrganoTex textile impregnation.
• Launched OrganoWood Nowa, a new biocide-free wood protection technology.
• Zero violations of occupational safety and health legislation.
• Zero workplace accidents resulting in absence.
• Employee turnover of 2.3%.

Governance Achievements

• Zero violations of environmental legislation.
• Established a Code of Conduct based on the UN’s Global Compact’s 10 principles.
• Implemented a warrant-based incentive scheme.

Climate Goals & Targets

Environmental Challenges

• Weak European construction market negatively affected sales of construction-related products.
• Declining consumer market within construction, paint, sports and outdoor trades.
• Geopolitical risks affecting world trade and raw material supply.
• Risks related to the Group’s partnerships.
• Risks related to research and development.

Mitigation Strategies

• Implemented a new strategy focusing on becoming a purer green chemical company, profitable growth, and focused international expansion.
• Out-licensed the production of sound absorbers and coffin materials.
• Focused on improving profitability through sales growth and reduced operating expenses.
• Continued international expansion of OrganoTex and BIOkleen.
• Focused on cost discipline and sales growth to achieve profitable growth.

Supply Chain Management

Responsible Procurement

• Code of Conduct based on the UN’s Global Compact’s 10 principles.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001, ISO 14001

UN Sustainable Development Goals

• Goal 6
• Goal 7
• Goal 9
• Goal 12
• Goal 13
• Goal 15

Products enable the phasing out of fossil plastics and harmful chemicals, extend the lifespan of products, and contribute to resource-efficient production and use of materials.

Sustainable Products & Innovation

• OC-BioBinder
• OrganoTex
• OrganoWood Nowa
• BIOkleen Eco-series

Awards & Recognition

• WWF ‘Climate Solver’ award
• New Innovation 2022 award at TechTextil